Type
Business expansion
Country
Romania
Region
Vest; Arad;
Location of affected unit(s)
Lipova, Arad County, West Region
Sector
Manufacturing
Manufacture For Transport Equipment
Manufacture Of Motor Vehicles, Trailers And Semi-Trailers
29.3 - Manufacture of parts and accessories for motor vehicles

200 jobs
Number of planned job creations
Job creation
Announcement Date
22 January 2007
Employment effect (start)
Foreseen end date
31 December 2007

Description

Schneider & Oechsler International SRL announced its intention to complete construction work at the new plant manufacturing parts and accessories for motor vehicles at Lipova (Arad County, West Region) by the end of 2007. The value of the investment is estimated at over EUR 10 million. The new plant will create approximately 200 new jobs in the first stage.


Sources

  • 23 January 2007: Ziarul Financiar

Citation

Eurofound (2007), Schneider & Oechsler International SRL, Business expansion in Romania, factsheet number 64829, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/64829.